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Investors & landlords
If the new owner rented the house from you prior to closing, you report the rental income and expenses on Schedule E of your tax return.
To report the sale of your home in TurboTax, go to the Less Common Income section of Personal Income and you'll see the section titled "Sale of Home."
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎January 7, 2020
3:13 PM
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